Lake Ridge Virginia Home Values... Is Now A Good Time To Consider A Move?
By Peggy James, Woodbridge Virginia Area Real Estate Specialist
(SAMSON PROPERTIES)
Everyone hears the news reports of how bad the market is. Real Estate is local and cannot be generalized in any way shape or form.Don't get me wrong in many places it is Horrible! However our little community so far has not seen the devastation that others are feeling in this mortgage meltdown mess.We should consider ourselves blessed, continue to grow as a community, embrace the fact that the market is down and love the home your in if your mortgage payment is high and values are down. The real estate market is cyclical and it will come back. However, if you've owned your home for awhile in the area four years or longer, now may be the very best time ever to consider a move. The prices have come down so low and you may be able to upgrade to a much larger home. You have options: You c...
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